D 013AY 3


OFFICES


London represents just over one-hundredth of a per cent of the total land mass of the UK but one-fifth of office take-up. Split by stock, it has almost double the office space of the rest of the UK. Its lead may be accelerating, with office take-up rising by a third on the five-year average, whereas the UK’s key cities rose by 5%.


SHARE OF THE UK LAND MASS


0.015% 21.4% 99.9% 78.6%


H1 OFFICE TAKE-UP (UK CITIES = BIRMINGHAM, BRISTOL,CARDIFF, EDINBURGH,GLASGOW, LEEDS, LIVERPOOL, MANCHESTER )


TAKE-UP H1 2014 INCREASE ON 5YR AVERAGE


UK CITIES 2.4M Û 5.3% LONDON 6.1M Û 32.5%


FOR MORE PLANNING DATAVISIT: WWW.ESTATESGAZETTE.COM/PROPERTY-DATA


SHARE OF THE UK OFFICE TAKE-UP (2007 -PRESENT)


nCENTRAL LONDON OFFICE MARKET n REST OF THE UK


RESIDENTIAL


Developers continue to target London, but whereas last year the capital featured just once in the top 10 postcodes for resi applications, in the year to the end of August 2014 it appears five times.


POSTCODE UNITS CITY 1 E14


14,746 LONDON


2 NW2 7,957 LONDON 3 PE2 4 E16


5 SW8 5,074 LONDON 6 LE4


5,347 PETERBOROUGH 5,134 LONDON


4,846 LEICESTER


7 AB22 4,732 ABERDEEN 8 SN1


4,681 SWINDON


9 LE12 4,629 LEICESTER 10 SE18 3,851 LONDON


7


6


9 8


2 3


5 1 4 10


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